MeyGen News
SAE secures support to deliver another phase at the world leading MeyGen project
SAE is delighted to announce that it has successfully secured 4 Contracts for Difference (CfD) in the latest allocation round, for the world leading MeyGen site. These CfD contracts, which guarantees £198 (£/MWh), for 15 years from 31st March 2028 commissioning date, will allow SAE to deliver a total of c.22MW of clean, home-sourced, predictable…
Read MoreResults of Annual General Meeting
SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) Results of Annual General Meeting SAE announces the results of its Company’s Annual General Meeting, held today, August 11th 2023. Resolutions 1 to 7 and resolution 9 were duly passed. Resolution 8, proposed as an ordinary resolution relating to the disapplication of pre-emption rights,…
Read MoreFinal results for the year ended 31 December 2022 and notice of the AGM
SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) Final results for the year ended 31 December 2022 and notice of the AGM SAE announces its final results for the year ended 31 December 2022. A complete version of the 2022 Annual Report and Accounts (“2022 Annual Report”) can be found here: https://saerenewables.com/investor-relations/company-documents/. The…
Read MoreSAE receives next payment for BESS project
SIMEC Atlantis Energy Limited (“SAE Renewables”, “SAE” or the “Company”) SAE receives next payment for BESS project Further to the Company’s announcement on 23 February 2023, SAE is pleased to confirm that it has now received the £4.0m development premium from Uskmouth Energy Storage Limited (“UES”), as part of the arrangements that allow UES to…
Read MoreSAE Renewables successfully deploys upgraded turbine
SIMEC Atlantis Energy Limited (“SAE Renewables”, the “Company” and, together with its subsidiaries, the “Group”) SAE Renewables successfully deploys upgraded turbine SAE is pleased to announce the successful deployment of ‘Turbine 2’ at the MeyGen site. The turbine has undergone significant upgrades to improve performance and reliability. One of the major steps was to convert…
Read MoreMeyGen site generates the world’s first 50GWh of electricity from tidal power
I’m excited to announce a significant milestone for our MeyGen project, for the industry and on our net zero and energy security journey. During the early hours of this morning, and with only marine life for company, our tidal stream array off the coast of the Pentland Firth became the first tidal stream array in…
Read MoreSAE successfully secures Government support to deliver the next phase of world leading tidal projects
SIMEC ATLANTIS ENERGY LIMITED (“SAE”, the “Company” and, together with its subsidiaries, the “Group”) SAE successfully secures Government support to deliver the next phase of world leading tidal projects SAE is delighted to announce that it has successfully secured a Contract for Difference (CfD) in the latest allocation round, for the world leading MeyGen site.…
Read MoreMeyGen Update
11 February 2019 SIMEC ATLANTIS ENERGY LIMITED (“Atlantis”, the “Company” or the “Group”) MeyGen Update SIMEC Atlantis Energy Limited (“Atlantis”), a diversified sustainable energy generation company, is pleased to announce that it has today awarded a contract to subsea engineering specialists ETA Limited for the manufacture and delivery of the world’s most advanced subsea tidal…
Read MoreMeyGen Operational Update
The information contained in this announcement is inside information under the Market Abuse Regulation (EU) No 596 / 2014. The person responsible for arranging the release of this announcement on behalf of Atlantis is Tim Cornelius, Chief Executive Officer of SIMEC Atlantis Energy. 19 December 2018 SIMEC Atlantis Energy Limited (“Atlantis” or the “Company”) MeyGen…
Read MorePlans to enhance MeyGen project returns and deliver 40% increase in yield through the installation of at least two new Atlantis turbines
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service (“RIS”), this inside information is now considered to be in the public domain. 30 October 2018 SIMEC Atlantis Energy…
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